Mizuho has downgraded Circle Internet Group from Neutral to Underperform and cut its price target from $85 to $50, citing competition from Open USD. Summary Mizuho cut Circle’s price target to $50, warning Open USD could further squeeze stablecoin margins. Open USD shares reserve earnings with partners, challenging Circle’s existing distribution economics around USDC globally….
You press send on a crypto transaction and nothing happens. The wallet says pending. The block explorer shows your transaction floating in limbo, unconfirmed, with no clear indication of when, or whether, it will land. Most people meet the mempool for the first time in exactly this moment of mild panic, and most of the…
A plunge below $0.90 or the start of a new bull run: what is next for XRP? Ripple’s cross-border token remains one of the most talked-about topics in the crypto space, but analysts have recently split into two distinct camps. On one side, we have people calling for the end of the bear market…
Avalanche has reached $2.1 billion in distributed tokenized real-world asset value after a 60.47% monthly increase, supported by a newly announced $11 billion institutional tokenization deal with Bridgetower. Summary Avalanche’s tokenized RWA value has climbed to $2.1 billion after a 60.47% monthly increase. Bridgetower’s $11 billion tokenization deal has pushed Avalanche into the top five…
In Bitcoin news Today, Binance customers added 7,715 Bitcoin in June, lifting customer BTC holdings to approximately 640,000 BTC, a +1.22% gain, as confirmed by the platform’s 44th proof-of-reserves report, which compared snapshots taken on July 1 and June 1. Bitcoin was trading near $62,600 with a -0.4% move shown in the market price widget…
July’s positive seasonality may drive Bitcoin’s recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance. This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final…
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. Summary JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal. The bank warned new revenue-sharing terms could pressure stablecoin profit margins. Analysts remain…
In XRP news today, Ripple Labs has formally backed the UK HM Treasury’s Wholesale Digital Markets taskforce, positioning itself inside Britain’s effort to build what the company estimates could add £33Bn to the UK economy every year by 2035. The announcement arrived alongside fresh disclosures from Ripple’s executive team about how close the company came…
The exchange’s user base represents about 43% of the estimated 741 million people worldwide who currently own cryptocurrency. Binance has marked its ninth anniversary by highlighting strong user growth and expanding beyond digital assets into traditional financial products. The exchange now reports 323 million registered users across more than 100 countries, reflecting its growing…
Tether has expanded its push into the US financial system by leading a $7 million funding round for Pact Labs to bring its USAT stablecoin into a payroll market that processes more than $11 trillion in annual payments. Summary Tether has led a $7 million Series A round in Pact Labs to expand USAT into…
